2024 Release Change Log
by Ore PhillipsJanuary 31st, 2024
Feature Title: Register Report for Crypto and Fiat
Feature Description:
Users can now use the register report for both Crypto and Fiat, with a toggle feature to distinguish between similar tickers.
Feature Title: In-App Announcements
Feature Description:
Replaced the old bitcoin price chart with a new in-app announcements page for sharing feature releases, events, blog posts, and more.
April 5th, 2024
Feature Title: Self-Serve Model Enhancements
Feature Description:
- Exchange Connections: Users can update exchange API keys in-app.
- Accounting Connections: Users can update token credentials and fee account codes in NetSuite and Sage.
- Fee Handling Methodology: Introduced fee expensing option.
- Adding Blockchain Wallets: Improved consistency and reliability in the new wallet UI.
April 19th, 2024
Feature Title: Product Updates
Feature Description:
- Included unrealized gain/loss in the Cost Basis Rollforward Report.
- Allowed booking to accounts other than 'Bank' in QBO.
- New rules UI for validating transactions.
- Internal improvements for admin panel and Stellar integration progress.
May 16th, 2024
Feature Title: Post Sprint Product Updates
Feature Description:
- Completed Stellar Chain Integration.
- Enabled SCIM name changes through SSO.
- Added metadata filtering and reporting enhancements for Ripple.
- Supported validator rewards for Celo chain.
- Launched enhanced bulk categorization for Babel orgs.
June 3rd, 2024
Feature Title: Recent Product Enhancements
Feature Description:
- Enforced whitespace restrictions on wallet addresses.
- Added CSV download button for full history on the pricing page.
- Improved admin panel search functionality by orgId and orgName.
June 17th, 2024
Feature Title: Sprint Changes
Feature Description:
- Added warning for zero pricing in bulk categorization.
- Introduced expandable side bar in Bitwave for Babel orgs.
- Displayed impairment reversal in Cost Basis Roll Forward summary.
- Rolled up wallets by involved accounts for ABBS networks.
June 27th, 2024
Feature Title: Post Sprint Product Changes
Feature Description:
- Launched Canton Network integration.
- Introduced Data Explore for dataset self-service.
- Launched P0 of Balance Delta Wallets.
- Enhanced metadata and rules for categorization.
- Introduced Recon for compliance-friendly tooling.
- Internal improvements for access-based permissions and Partner Wallet Manager beta.
August 12th, 2024
Feature Title. Multiple Feature Updates: Faster Categorization, Stronger API Validation, More
Feature Description.
We're excited to share several key updates and enhancements designed to improve your experience and streamline your workflow and ensure more accurate and efficient operations.
⏺ Enhanced UI Responsiveness: Improved UI responsiveness for faster loading of tools and balances, specifically for larger organizations.
⏺ New Accounting Connections Page: Enjoy a sleeker and more consistent look with the newly launched Accounting Connections page, aligning with other recent updates for a cohesive user experience.
⏺ SoDA Report: New wallet roles have been added, allowing you to search by role name, add or delete roles, and share them with users more efficiently.
⏺ Foundry API Key Validation: To ensure accuracy, we've implemented validation for API keys, so only correct keys can be entered when adding connections.
⏺ Sage Top Level ERP Creation Enhancement: The entity-level launch now enables posting individual lines to different entities, enhancing flexibility in ERP management.
⏺ Metadata Fields Import CSV: Sage customers can now categorize metadata through imports, making it easier to organize and manage your data.
August 23rd, 2024
Feature Title. Latest Product Updates: Platform Optimization & Strategic Planning
Feature Description.
As part of our ongoing Platform Optimization efforts, this sprint centered around key bug fixes and strategic preparations for future initiatives. Below are the highlights of our recent enhancements:
Release Highlights:
⏺ Org Navigation Enhancements: You can now open multiple tabs for different organizations, with an alert system in place to warn users logging in with outdated or expired requests.
⏺ Partner Wallet Manager Integration: Partners can now seamlessly sync blockchain wallets created by clients directly into the organization.
⏺ Binance Smart Chain Upgrade: We’ve implemented a more efficient syncing method, improving performance and data integration for a smoother user experience.
Stay tuned as we continue to refine and enhance our platform through Platform Optimization and deliver Magical User Experiences in the upcoming releases!
September 10th, 2024.
Feature Title. Product Release: Key Enhancements for Improved User Experience
Feature Description.
In our continued efforts to elevate Customer Experiences, we’re pleased to share the latest updates and improvements :
● Wallets UI Enhancements: Updated visuals on various pages, including the wallets page, now displaying dollar amounts in a clean, formatted view for improved readability.
● Inline Categorization Updates: Users can now easily copy and paste the "to" and "from" addresses when using inline categorization, simplifying workflows and increasing efficiency.
● Ethereum Chain Optimization: We've upgraded our Ethereum syncing process, delivering faster performance and more seamless data integration.
● Anchorage Integration Upgrade: The Anchorage integration has been updated to allow shared hashes on UTXO-based transactions for newly added connections, enhancing transaction flexibility.
We’re committed to continually refining our platform to better serve your needs. Stay tuned for more updates!
September 23rd, 2024.
Feature Title. Product Release: Key Updates and Feature Enhancements
Feature Description.
We’re excited to announce new updates designed to enhance your workflow and improve overall platform performance.
🛄 New Wallet UI Features:
You can now search wallets by name using the newly added search functionality.
⏺ Wallet descriptions are now displayed directly on the page once added.
⏺ We've introduced validation checks for API keys in several integrations, including Coinbase Prime, Fireblocks, and ⏺ Foundry, ensuring only valid API keys are accepted.
⏺ Metadata fields are now visible within wallet details for better data management.
✅ Foundry Enhancements: Sub-account names are now automatically displayed on the connections page, improving
clarity for Foundry users.
🧼 Organizations Page Redesign: The Organizations page has been revamped with a sleeker, more modern interface for a better user experience.
🧾 SoDA Report Updates: Users with access to the SoDA report can now view wallet roles directly on the wallets page, making it easier to manage roles.
📃 Import Template Navigation Improvements: We’ve enhanced import templates with an improved sorting method, offering more intuitive navigation for better usability.
💲 Payment Operations Enhancements:
⏺ New filtering options allow users to easily sort and manage payments.
⏺ Payments are now automatically named with the date and time for easier identification.
⏺ Post-creation editing of payment names is now available for greater flexibility.
⏺ Full payment addresses are now viewable when opening payment transactions for improved detail visibility.
⏺ A loading indicator has been added to the settings page to provide real-time feedback on background processes.
We’re committed to continuous improvement and look forward to bringing you more exciting updates in the future!
October 4th, 2024
Feature Title : Multiple Feature Updates: Enhanced UI, Streamlined Reporting, and Stronger API Validation
Feature Description:
We’re pleased to announce the latest updates and improvements aimed at enhancing your overall experience and optimizing your workflows.
🧾 Accounting Connections Upgrade :
I⏺ ntroduced a cleaner, more intuitive UI, now accessible through a settings dropdown.
⏺ Users can assign or edit connection names upon adding them, with connection names now displayed at the transaction level for easier identification, especially when managing multiple ERP systems.
💱 Coinbase Pro Update :
⏺ With the deprecation of Coinbase Pro, new connections now display “Exchange” as the only option, simplifying the connection process without ties to the Pro product.
🔧 UI Reporting Launch :
⏺ Launched an enhanced reports center with a modern, streamlined design.
⏺ Users can now link directly to specific reports in a single click, improving efficiency in accessing data.
💸 Payments Enhancements
⏺ Added a link to the vendor page from the contact view for quicker access.
⏺ Users can send whitelist request emails, triggering an approval notification for recipients to take action.
⏺ Default payments can now be set for wallets, and auto-reconciliation is enabled for payment transactions.
💱 Bitgo Improvements :
⏺ Updated transaction display to include “to” and “from” addresses when available from the custodian.
⏺ Implemented upfront API key validation for new connections to ensure accuracy during the setup process.
October 23rd, 2024
Feature Title : Multiple Feature Updates : Key Updates in Payments, Exchange Connections, and Inventory Views
Feature Description:
We’re excited to announce the latest improvement, bringing enhanced functionality and usability to support your experience.
💳 Payments :
⏺ Enhanced Error Messaging: Improved clarity in error messaging for payments and penny testing.
⏺ LINK Token for Penny Testing: Added LINK token support for more comprehensive Penny Test functionality.
⏺ Optional Know Your Transaction Check: Flexibility added with optional Know Your Transaction checks for certain payment processes.
💱 Exchange Connections :
⏺ Improved API Key Security: Duplicate API keys are now prevented, ensuring unique and secure connections.
🧾 Inventory Views :
⏺ New Cancel Button: A Cancel button has been added to inventory views for easier management and adjustments.
We’re committed to continuous improvements that simplify your experience. Thank you for being a valued part of our journey!
November 6th, 2024
Feature Title : Multiple Feature Updates : Enhanced Accounting, Payment Security, and Updated Wallet UI
Feature Description:
We’re excited to introduce the latest updates, packed with features designed to boost usability, security, and efficiency.
🧾 Accounting Connections :
⏺ Metadata Mappers for Payments: Easily map metadata from NetSuite fields directly into payments for better alignment and data consistency.
💴 Payments :
⏺ Address Verification & Whitelisting: Enhanced security with address verification and whitelisting now on the Bills page.
⏺ KYT Checks Toggle: Added flexibility to toggle Know Your Transaction (KYT) checks on or off as needed for payments.
🔒 Inventory Views :
⏺ Lock Period Feature: Now live, enabling secure lock periods within inventory views for added control.
💱 Exchange Connections Enhancements
⏺ Bitfinex: API key validation for new keys, complete with recent transaction and balance snapshots.
⏺ Fireblocks: User-friendly key format examples added for a smoother key entry experience.
⏺ Bitgo: UTXO chain handling is now supported, with synchronized transactions showing “to” and “from” addresses.
🆕 Old Wallet UI Sunsetting :
⏺ Upgraded Wallets UI Now Live: The old Wallet UI has been sunset, with all users now on the enhanced Wallets UI. This updated UI offers a sleek design with improved navigation and search functionality.
Thank you for being part of our journey as we continue to enhance and refine your user experience!
2023 Release Change Log
by Ore PhillipsFebruary 23rd, 2023
Feature Title: Auto Mapping of Address to Contact
Feature Description:
- Users can now map an address to a “contact,” which will automatically pre-populate the “contact” in the detailed categorization screen.
- Scope:
- Applies to assets in the “Accounting -> Contacts -> Manage Addresses” dropdown.
- Applies only to simple Send & Receive Transactions.
- Not in Scope:
- Trade, Contract Execution transactions, Internal Transfers, and “Fee only” transactions.
- Complex transactions with multiple “to” and “from” addresses.
February 23rd, 2023
Feature Title: Language Selection
Feature Description:
- Users can now select their preferred language for Bitwave.
- Supported Languages:
- English
- Français
- Español
- Access: Available via “Account -> User Profile -> Locale.”
February 23rd, 2023
Feature Title: Backend Load Time Improvement
Feature Description:
- 90% of calls to load the New Transactions UI now complete in 6.5 seconds, a >95% reduction in load time.
March 6th, 2023
Feature Title: Terms of Service Acceptance
Feature Description:
- Users are required to accept the Terms of Service and Privacy Policy at login.
- Users need to accept it only once unless there are new changes.
March 9th, 2023
Feature Title: Split Categorization Rule
Feature Description:
- Users can create a rule to automatically split a transaction by percentage and categorize each split to a different Chart of Accounts (CoA).
March 13th, 2023
Feature Title: Bulk Categorization
Feature Description:
- Enables users to select multiple transactions and categorize them all at once.
- Aims to reduce the number of clicks by >50% for users dealing with hundreds of transactions per day.
March 14th, 2023
Feature Title: Improved Import Error Handling
Feature Description:
- Enhanced error handling for the "import" function to upload .CSVs, reducing support issues.
March 14th, 2023
Feature Title: MINA Blockchain Integration
Feature Description:
- Supports MINA token, Send/Receive Transactions, Coinbase Staking Rewards, and Fee Staking Rewards.
- Not Supported:
- Asset types other than MINA
- Other transaction types not listed.
March 9th, 2023
Feature Title: Polygon Validator Staking Reward Rollups
Feature Description:
- Aggregates Polygon Validator Rewards by the hour for new wallets added to Bitwave, reducing transaction volume by >90%.
March 20th, 2023
Feature Title: Transactions Export V2
Feature Description:
- Exports transactions using the Data Warehouse, offering faster export and categorized status.
- Known Limitations:
- Data Warehouse may be ~12 hours delayed.
- Does not export CATEGORY or CONTACT.
March 21st, 2023
Feature Title: Searchable Dropdowns
Feature Description:
- Users can now search and filter within the ORGANIZATION and WALLET dropdowns, improving UX for sorting through large lists.
March 28th, 2023
Feature Title: Aptos Blockchain Support
Feature Description:
- Official support for the Aptos Blockchain.
- Supported features include:
- Aptos - APT (Native Asset of the Aptos Blockchain)
- Sending and Receiving Transactions
- Gas Fees
- Wallet Addresses (e.g., 0x6d4cb054ad2a383b46e05ae0387ae1950c1a8b576645c99d1b32e7d6ad8f937)
- Limited Support:
- Staking support (only picks up deposit and withdrawal events, no block-by-block accruals).
April 5th, 2023
Feature Title: New Transaction UI
Feature Description:
- Migration from Legacy Transaction UI to New Transaction UI on April 11.
- Features of the New UI:
- Faster Data Results (90% faster).
- Multi-Wallet Select + Filter.
- Bulk Categorization Capability.
- Add/Remove Gridlines & More Rows.
April 6th, 2023
Feature Title: Transaction Lock Capability
Feature Description:
- Enables clients to lock and freeze their transaction history within a defined period.
- Features:
- Lock transaction history within a selected time period.
- Locked periods cannot be modified.
- Audit trail created for changes to locked periods.
- Importance:
- Ensures transaction history integrity post-locking.
- Useful for period-end close processes.
- Available under Accounting > Period End Close Page.
April 10th, 2023
Feature Title: Multi-Currency Bill & Invoice Feature
Feature Description:
- Supports categorization of bills/invoices in currencies different from the organization's functional currency.
- Available for Quickbooks and Netsuite.
- Bitwave is the only digital asset sub-ledger supporting this feature.
Feature Title: Journal Entry Report Enhancements
Feature Description:
- New Journal Entry Report that:
- Runs in the background.
- Includes TOKENS, token quantities, internal categories, and contact IDs.
- Saves runs in BigQuery.
April 17th, 2023
Feature Title: Hedera and XRP Blockchain Integrations
Feature Description:
- Supported Features:
- Native Token Support (HBAR & XRP)
- In and Outbound Transactions (Send/Receive)
- Gas Fees
- Transaction Aggregation via Rollups
Sales Notes:
- Confident support for Hedera blockchain.
- Functional integration demonstrated for potential partnership announcements.
May 8th, 2023
Feature Title: Imports V2 (Beta Release)
Feature Description:
- Improvements include:
- Capable of importing >5k transactions at once.
- Preview raw and validated data before import.
- Robust validation with download options for invalid transactions.
- Enhanced user experience and reliability.
- Available by request.
June 20th, 2023
Feature Title: In-line Categorization
Feature Description:
- Perform in-line categorization directly on the All Transactions Page.
- Features:
- Assign addresses to Contacts.
- Assign Categories to amounts.
- Preview effect of rules before confirming categorization.
- Benefits:
- Intuitive rule creation.
- Significant reduction in categorization time and clicks.
- Available under feature flag, undergoing internal and power user testing.
July 26th, 2023
Feature Title: New Authentication Service
Feature Description:
- Implemented new authentication service.
- Added login via IDP initiated SSO (e.g., OKTA).
- Enabled session sharing between applications (e.g., Bitwave CORE & Ops/Enterprise Payments).
- Fixed 'Double-logout' bug.
- Improved UI/UX for a better user experience.
This feature will be rolled out over the next several weeks to early users.
August 3rd, 2023
Feature Title: Detailed Rule Enhancements
Feature Description:
- Enhanced rules to handle the unique categorization of multiple unique assets within a transaction.
- Allows categorization based on asset type.
Requires Multi Token to be enabled and direction to be set to all.#### August 23rd, 2023
Feature Title: Balance Check Report
Feature Description:
- Introduced Balance Check Report to compare Bitwave balances with third-party data.
Example Use Case: Compare Anchorage balances without using any explorer.
August 23rd, 2023
Feature Title: DeFi Categorization Rules Based on Method ID
Feature Description:
- Enabled advanced DeFi categorization rules using rules based on the contract's Method ID.
Example Use Case: Auto-reverse some DeFi activities while leaving others 'as is'.
August 24th, 2023
Feature Title: Import Advanced Feature
Feature Description:
- Added the ability to upload raw file types (e.g., stake.tax, OKX exchange) into Bitwave.
- Automatically converts raw files into transactions.
Example Use Case: Upload CSVs from websites like stake.tax and OKX directly to Bitwave for conversion into transactions.
September 12th, 2023
Feature Title: UI Enhancements for Transactions Page
Feature Description:
- Improved readability with alternating row colors (off-white & light green).
- Enhanced UI with grey-text and larger padding.
October 12th, 2023
Feature Title: Wallet Exchange Visibility
Feature Description:
- Displaying Exchange Name at the wallet level.
Helps users and internal staff identify wallets associated with exchanges.
October 19th, 2023
Feature Title: Solana Staking Support
Feature Description:
- Added support for Solana staking "Epoch Rewards" (Inflation Rewards).
- Syncs rewards and displays them as normal deposit transactions.
How to enable: Automatically enabled for new wallets, request required for existing wallets.
November 20th, 2023
Feature Title: Edit Manual Transactions
Feature Description:
- Enabled editing of manual and imported transactions.
- Access via the transactions page by selecting “Edit Transaction”.
November 21st, 2023
Feature Title: Fantom Blockchain Support
Feature Description:
- Added support for the Fantom blockchain.
- Supports all transaction types and tokens (ERC20s, ERC721/1155s).
November 27th, 2023
Feature Title: Improved Pricing Source Selection
Feature Description:
- Added feature forcing users to add a backup pricing source or acknowledge implications of using only one source.
Helps prevent issues with transaction pricing.
November 29th, 2023
Feature Title: Ethereum Staking Support
Feature Description:
Enabled Ethereum staking support, including:
- Consensus Layer Staking Rewards (Beacon Chain staking rewards, Block Rewards, Inflation rewards)
- Execution Layer Staking Rewards (MEV, TIPS, staking rewards on ETH1/Mainnet)
- Deposits and withdrawals between ETH1 and Beacon Chain
Users can now add their validator public key or ETH address to Bitwave to automatically sync rewards and transactions.
December 6th, 2023
Feature Title: Enhanced Actions Report
Feature Description:
Included Contact, Category, Department, Class, Location, and Addresses into the actions report, addressing a long-
2022 Releases Change Log
by anthony amaruCross Platform
- New and Improved UI across the Platform
Wallets
- New and Improved Wallet Dashboards
- Wallet Grouping Capability
Transactions
- Advanced Imports: Importing Trades, Metadata, Grouping Transactions
- Advanced Rules: Multi Token Rules Categorizations
- Advanced Transaction Processing: Custom Aggregations and Processing
Pricing
- Advanced Pricing Engine: (different pricing source by coin, by time), (pricing fall backs to different sources)
- Pricing Direct from Binance Exchange
- Pricing Direct from Coinbase Exchange
- Pricing History
- Pricing API: Obtain Pricing from Various Source
ERP Integrations
- QBO/Bitwave: AR/AP Integration
- Netsuite/Bitwave: AR/AP Integration
- Netsuite/Bitwave Custom Fields Integration
Accounting and Tax
- Impairment
- Gain and Loss Detailed Reporting Extracts
Reporting
- Datawarehouse Based Advanced Balance Reporting
- Datawarehouse Based Register UI
Bitwave Ops
- Automated Bulk Payments on Polygon and Ethereum
Data Source Integrations
New and Updated Exchanges
- PrimeTrust
- Coinbase Prime
- SFox
- Nydig
- Anchorage
- FTX Sub Accounts
New and Updated Blockchains
- AVAX
- BSC
- CELO
- Polygon
- Mina
- HECO
- Solana
- Terra
- Filecoin
- Klaytn
New and Updated Defi Protocols
Avax-c:
- Aave
- CRV
- Pangolin
- Sushi
- Trader Joe
- Wonderland
Eth:
- 0x
- Aave
- Balancer
- Basis
- Compound
- CRV
- DODO
- Harvest
- Idle
- Integral
- mStable
- 1Inch
- Opyn
- Pickle
- Rari
- Sushi
- Uniswap
- Vesper
- Yearn
- Maker
Polygon:
- CRV
- AAVE
We're excited to announce our Fall 2022 release which includes industry defining features to power the day to day activities of our accounting and finance users. In putting together this release we focused on 3 major areas:
- Data: Rollups & Scaling With Our Clients and Partners
- Enterprise: Advanced Finance Features
- Focus on Users: Quality and Under-the-Hood Performance Upgrades
Below are the details of our release:
NEW CAPABILITIES
NFT Spam Filter, automatically filters out incoming NFT spam transactions - saving users hours of effort when dealing with spam.
Transaction Register, like a bank register, is a side-by-side view of a user's balance and transactions. Users typically use this feature to view, audit, and troubleshoot balance reporting issues.
Pricing History, a record of asset pricing used for balance reporting, transactions, and other reports in Bitwave. Users typically use this tool for generating pricing reports for auditing and troubleshooting purposes.
Pricing Rules, the ability to set custom pricing for assets over a defined time period, very useful for users looking to automate their custom pricing process.
Run Rules feature, before users had to wait a while for a newly created rule to start running, with this new update users can now run a rule immediately after creating it!
NEW AND UPDATED BLOCKCHAINS
(In Beta)
NEAR
Loopring
ImmutableX
Solana Rollups
NEW AND UPDATED EXCHANGES
Anchorage
NEW AND UPDATED DEFI PROTOCOLS
Squeeth Crab V2
Squeeth oSQTH vaults
Compound Finance COMP accruals
Convex Finance
UNDER-THE-HOOD UPGRADES
Ability for users to view Bitwave’s operational status on https://status.bitwave.io/
Upgrading backend to improve application responsiveness
Squashed frustrating and intermittent UI bugs
We're excited to announce our Winter 2022 release which includes industry defining features to power the day to day activities of our accounting and finance users. In putting together this release we focused on 3 major areas:
- Use Cases: Advanced Accounting
- Focus on Users: Improvements to UI/UX
- Focus on Users: Quality and Under-the-Hood Performance Upgrades
See the details of our release below!
Inventory Views
“Inventory View” was born out of Bitwave’s engagement with clients involved in some of the most complex and high volume digital asset use cases in which we consistently observed the need to “view” digital asset outcomes from multiple different lenses.
Users can now, at a glance, access important balance, lot, and roll-forward information for their digital asset inventory (e.g. cost basis acquired, cost basis disposed, impairment, carrying value, FMV, unrealized G/L, and more…) through an “Inventory View”. Users will also notice right away that all of the data tables are highly responsive and performant which will be a breath of fresh air for our users ranging from hundreds of thousands to millions of transactions a year.
The real beauty of inventory views comes from the fact that, with the advanced account module, you can create and save multiple views. Does your organizations need to use different inventory treatments for Tax and Accounting? Just setup multiple inventory views, and you’ll find maintaining bifurcated books an absolute breeze! These capabilities are complimented by a series of new reports we’re building, starting with an industry first “Quantity and Cost Basis Roll Forward” report.
Bitwave OPs (operations) V2
- Ability to send bulk payments via Ethereum and Polygon
- Automatic Categorization
- Ability to segregate payment roles & responsibilities (eg. approval and payment)
Advanced DeFi Categorization
- Creation of the DeFi wallet
- Ability to categorize any type of DeFi protocol transaction
New Transaction UI
- New Transaction UI
-- REFRESHED Transactions UI
-- FASTER load times - up to 30% faster!
-- VIEW up to 250 transactions
-- QUICK filters: Needs Categorization, To Be Reconciled, All
Blockchains & Integrations
- Aptos
- Solana Rollups Enhacements
- ImmutableX Marketplaces & Standard Wallets
- Bitcoin Cash
- NyDig Enhacements
- Anchorage Enhacemens
Partner Marketplace
We are excited to announce the launch of Bitwave Marketplace, a new feature for users to learn more about Bitwave’s robust partner ecosystems, including blockchains, exchanges, custodians, and more!
To access Bitwave Marketplace, simply navigate to the tab labeled ‘Marketplace’ on the Bitwave dashboard. From there, users can see partner names, logos, a brief description, their category, and a "learn more" function that takes the user to the partner's website.
In the long term, we plan to add more features to the marketplace, such as user reviews and preferred pricing for partner services.